Colorado economic update

What a difference a year makes! The latest report from the Bureau of Labor Statistics reported that Colorado added 17,700 jobs in May. Unemployment in Colorado dropped to 6.2%, but it remains above the U.S. level of 5.8%. Even with the improvement, many companies are struggling to find workers.

For more details check out the Review of Colorado Economy – Update Through May 2021. Finally, don’t forget to take a look at the quarterly economic updates published by the Colorado Legislative Council and the Governor’s Office of State Planning and Budgeting. They provide a comprehensive overview of the state economy and the challenges facing the state.